北辰实业(601588) - 2025 Q2 - 季度业绩预告

Current Period Performance Forecast The company anticipates continued losses in H1 2025, with net profit attributable to shareholders projected between -RMB 1.51 billion and -RMB 1.87 billion, a significant increase in loss from the prior year, while maintaining approximately RMB 7.4 billion in cash reserves for operational safety 2025 Semi-Annual Performance Forecast vs. Prior Year | Financial Metric | H1 2025 (Projected) | H1 2024 (Actual) | | :--- | :--- | :--- | | Net Profit Attributable to Shareholders (RMB Billion) | -1.51 to -1.87 | -0.73832 | | Net Profit Attributable to Shareholders (Excluding Non-Recurring Items, RMB Billion) | -1.53 to -1.90 | -0.79391 | | Earnings Per Share (RMB) | Not Disclosed | -0.22 | - The company anticipates an approximate RMB 7.4 billion cash balance at period-end, indicating ample cash reserves, smooth financing channels, and operational safety[5][6] - This performance forecast has not been reviewed or audited by a certified public accountant[7] Prior Year Performance Overview In H1 2024, the company reported a loss, with net profit attributable to shareholders at -RMB 0.738 billion, non-recurring net profit at -RMB 0.794 billion, and earnings per share at -RMB 0.22 H1 2024 Performance Review | Metric | Amount (RMB Billion) | | :--- | :--- | | Total Profit | -0.74273 | | Net Profit Attributable to Shareholders | -0.73832 | | Net Profit Attributable to Shareholders (Excluding Non-Recurring Items) | -0.79391 | | Earnings Per Share (RMB) | -0.22 | Primary Reasons for Current Period Pre-Loss The company's current period loss is primarily attributed to its real estate development business, driven by market conditions necessitating inventory impairment provisions for certain projects, with other segments unable to offset this impact - The company's overall loss is primarily due to the drag from its real estate development business[10] - The core reason is the company's anticipated provision for inventory impairment on certain real estate projects, based on prudence principles and market conditions[10] - While the exhibition (including hotel) and commercial property segments strive to enhance operational capabilities, they cannot offset the negative impact from the real estate business[10] Risk Warning and Other Disclosures The company confirms no material uncertainties affect the accuracy of this performance forecast, while cautioning investors that the disclosed data is preliminary and subject to the final 2025 semi-annual report - The company confirms no significant uncertainties exist that would impact the accuracy of this performance forecast[11] - Investors are reminded that the current forecast data is preliminary and should refer to the final semi-annual report for definitive financial figures, exercising caution regarding investment risks[12]